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Thank you for giving us this forum. I think it has served its purpose all this years and it has kept me company while on my investment journey since I first read Jan Somers book back in early 1995. It gave me the confidence to invest and has done well. Thank you I am glad it will continue...

The current property cycle has nothing to do with the local economy. It is very much global money and its effects on property, having said that if global money decides to leave property investors will be in trouble. At the moment the money is coming at least for the next 2 years I believe until...

3 years ago I heard about the Chinese bidders and quickly bought one in GW and another in WH. Question is will I regret not buying now in 3 years time?

Hi Look at Sunshine in the cheaper areas like along Wright st or south of as they are close to city. Otherwise like JP look at Deer Park. Now I think it is ok for the price that JP is paying. Personally I am only in Sunshine, but then I bought 10 yrs ago.

Only buy landed in Sunshine/Albion Most of the apartments are in the Ridley St precinct and along Ballarat Rd. Not much value there concentrate on landed units better value or landed old houses even on Wright st.!!! Lots of potential there as there is a big residential development there.;)

make sure you are buying land as that is where the capital gain will come from. For investment buy old house with land to build another. If to stay buy new but not much capital gain.

I think Koopa Troopa has sum it well. Since the station area has been done up looks a lot better and security wise better more lighting. The way Sunshine town is developing and new Vietnamese restaurants opening every 2 mths you know things are really picking up. Personally I would buy...

I think Koopa Troopa has sum it well. Since the station area has been done up looks a lot better and security wise better more lighting. The way Sunshine town is developing and new Vietnamese restaurants opening every 2 mths you know things are really picking up. Personally I would buy...

Springvale Springvale central to Princess Highway area was what I avoided many years ago and regretted not buying when it was 90K. I think there is still upside as Wheelers Hill and Mulgrave area is booming. Prices in Wheelers Hill and Springvale central is about same now. Anything in between...

Thank you for the bit of history about the church that is MacDonald now. DL I was looking at Glen Waverley sth and Wheelers Hill about 3 yrs ago . I told myself I would buy here cause I will sell to the Chinese migrants when the time is right. So I bought a 3 br in Wheelers Hill for 570k and...

As investors we are also speculators, yes when a whole lot of us buy into certain towns we can end up manipulating the market price. When we leave the locals end up holding the 'inflated' properties. Of course we are greedy we are here to make money, some of us can get caught if we go...

oc1 is right if possible buy west Footscray and Maidstone first if too expensive buy Sunshine or Albion. I chose Sunshine over Braybrook after attending 3 mths of auctions in Braybrook that was back in 2000. I was put off by the number of housing commission units in Braybrook. Perhaps it did...

The Australian economy is heavily 'subsidised' by the Japan and China through importation of our resources. In turn the government has been subsidising the manufacturing industries here. The minute the government stops the subsidy there is no reason to be here anymore as our cost of production...

Market has been flat since 2010 in Melbourne except for suburbs with good schools. Melbourne is due for a rebound you can buy a house for about $380k in western suburbs that is cheap, when the median is closer to 550K.

Thank you for your input . This should put the matter to rest about apartments in the cbd. There has been an 'oversupply since 1997' cause new ones are built every year for the forseeable future. If you are an owner occupier than it is lifestyle that is ok. not good for capital growth.

You can make money in Dandenong If you go into any suburbs early you can make money. I got in about 8 years ago into Dandenong bought 4 weatherboard units and made at least $500K on valuation today. I got into Doveton and Hallam about the same time sold out in 2010, made more than $500K too...